All the headlines from our Excess Surplus Topic Page, ordered by recency.
Mar 26 2010 // Capitol Insurance Companies (Capitol), a Middleton, Wis.-based national provider of specialty property-casualty insurance and commercial surety products, reported a strong year of underwriting profitability for the year...
Mar 24 2010 // Lloyd’s announced overall pretax profits of £3.868 billion [$5.796 billion] for 2009, doubling the £1.899 billion [$2.84 billion] it reported for 2008. The record results were achieved despite ongoing...
Mar 24 2010 // A.M. Best Co. has withdrawn the financial strength rating (FSR) of A (Excellent) and issuer credit rating (ICR) of “a” of Electric Lloyd’s of Texas (Electric Lloyd’s) (Dallas, Texas) and assigned an...
Mar 23 2010 // Monarch E&S Insurance Services has a new medical marijuana program available to California and Hawaii agents.This program for medical marijuana dispensaries is offering a package, property and general liability...
Mar 22 2010 // The last few years of the soft market have forced many carriers and agencies to get creative when it comes to bringing in additional premium. This has included launching new products for specialized risks. At first glance,...
Mar 19 2010 // Hurricane Andrew, for all of the grief it delivered, gave wholesale broker Hull & Co. and Bruce Bowers a big opportunity.“Prior to ’92, there wasn’t much of a need for personal lines in the excess and...
Mar 18 2010 // Specialty lines insurer Argo Group US has appointed Louis Levinson to be president of the group’s E&S segment, overseeing the underwriting and business operations of Colony, Argonaut Specialty and Argo Pro. He...
Mar 17 2010 // The Association of Bermuda Insurers and Reinsurers (ABIR) has released the 2009 global underwriting results for its 23 members, who write insurance and reinsurance from underwriting centers in Bermuda, Europe and the...
Mar 17 2010 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Farmers Insurance Group and its members. Best also affirmed the debt...
Mar 16 2010 // A federal appeals court said Monday insurer Lloyd’s of London must pay claims related to alleged swindler Allen Stanford’s defense.Stanford, his former chief investment officer Laura Holt, and former accounting...
Mar 12 2010 // American E&S (AES) Insurance Brokers has designed an exclusive Bank Package Program that will provide bankers’ professional liability, directors and officers, and bond coverage for financial institutions...
Mar 11 2010 // London-based specialty insurer Hiscox, which launched a significantly expanded U.S. presence in 2006, saw gross profits reach record levels ($481 million) in 2009. In this exclusive interview with Insurance Journal, Hiscox...
Mar 11 2010 // Lloyd’s Chairman, Lord Levene, visited Japan and South Korea last week where he opened the new Lloyd’s Japan office and hosted an event with Korean Re, titled – Lloyd’s – A Working...
Mar 11 2010 // With the prospects for a controversial rate deregulation bill dimmed by Gov. Charlie Crist’s threat of a veto, the insurance industry is betting on a new wide-ranging insurance proposal to bring some reform to...
Mar 10 2010 // Kinsale Capital Group has formed a Virginia-based E&S insurer, called Kinsale Insurance Co., that will underwrite commercial property/casualty and professional liability E&S lines in 31 states and the District of...
Mar 8 2010 // Phoenix-based Mountain West Agency Services Inc., a wholly owned subsidiary of SCF Premier Insurance Co., named Donald L. Kasper general manager and Jim McErlean as marketing specialist. Kasper has worked in the insurance...
Mar 7 2010 // Thomas J. Schaffler has been named president of Lockton Cos. employee benefits practice in Chicago. He joined Lockton more than 10 years ago as executive vice president and producer and serves on the Chicago executive...
Mar 7 2010 // The wholesale insurance industry association, American Association of Managing General Agents, has created a Distinguished Chair in Risk Management and Insurance at the J. Mack Robinson College of Business at Georgia State...
Mar 7 2010 // Interview with FSLA President Bruce BowersHurricane Andrew, for all of the grief it delivered, gave wholesale broker Hull & Co. and Bruce Bowers a big opportunity. “Prior to ’92, there wasn’t much of...
Mar 7 2010 // Florida Surplus Lines Premiums/Policy Count 2009 2009 2008 2007 2006 2005 Aggregate Premium $3.8 billion $4.2 billion $4.8 billion $4.7 billion $3.7 billion Policy Count 682,221 724,158 745,714 789,101 781,111 Top Florida...